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DELHI: The US government has criticised the “lack of transparency in Indian tax policies”, the insistence on compulsory local manufacturing in more than one sector and lack of protection of intellectual property rights (IPR).

DELHI: Being a woman property buyer would mean a special concession with reference to registration of the property in the Office of the Sub-Registrar. The stamp duty payment in many states of India is lower for the woman tax payer. This is the single biggest advantage which is available to the woman tax payer.

DELHI: Dharamvir Yadav, 35, a resident of Kangan Heri village near Najafgarh, Delhi, is upbeat these days. Ever since the Delhi Development Authority (DDA) began discussions, and subsequently adopted, a land pooling policy, the price of his holdings on Delhi's outskirts has been appreciating. It has risen almost three times in the past oneand-a-half years. Yadav is debating whether to sell his land and cash in on the current upsurge or participate in land pooling. As a growing number of developm

DELHI: In our last piece, we had argued that taxation is the economic glue that binds citizens to the state in a necessary two-way relationship ("Taxation's fatal neglect?", January 20). A citizen's stake in exercising accountability diminishes if he does not pay in a visible and direct way - typically via direct taxes or user fees - for the services the state provides. We estimated that a very small percentage of Indians (about 10 per cent) are in this taxpayer accountability relationship with

DELHI: Prestige Estates Projects fell 2.60% to Rs 159.10 at 10:40 IST on BSE on profit booking after the stock surged 23.66% in the preceding four trading sessions to Rs 163.35 on 6 March 2014, from a recent low of Rs 132.10 on 28 February 2014.

MUMBAI: Real estate major DLF is once again being investigated by the Competition Commission of India (CCI) for allegedly misusing its dominant position in the market by drafting a one-sided agreement with the buyers of flats in its New Town Heights project in Gurgaon.

DELHI: Finance Minister P Chidambaram on Wednesday clarified the Reserve Bank of India (RBI) was likely to issue a few bank licences during the remaining term of the incumbent United Progressive Alliance (UPA) government, notwithstanding the model code of conduct that kicked in with announcement of the election schedule.

DELHI: The economic slowdown seems to have helped push the gross non-performing assets (NPAs), or doubtful loans, of public sector banks (PSBs) to 5.17 per cent of their advances by end-December 2013, against 4.18 per cent a year before.

DELHI: Presently, the real estate sector in India is facing several challenges. These include lack of adequate sources of finance, shortage of labour, steep rise in the prices of raw material, multiple tax system and lengthy and delayed procedures for approvals.